Italian lender UniCredit has increased its equity stake in Commerzbank to 20% by converting derivatives into stock. The move positions UniCredit as the largest shareholder of Commerzbank, surpassing ...

UniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal. Stream San Diego News for ...

Commerzbank CEO Bettina Orlopp tells CNBC in Davos she supports banking consolidation when it creates value, but suggested a ...

MILAN (Reuters) -UniCredit CEO Andrea Orcel said on Wednesday he currently saw little scope to advance his acquisition strategy, given that Commerzbank had become too pricey and Italy was effectively ...

MILAN (Reuters) -UniCredit has no plans to heed the advice of the German government to drop its ambitions to take over Commerzbank, the Italian bank's CEO was quoted as saying on Friday. German ...

Ready to let BPM bid lapse if terms remain the same Commerzbank is a different matter because of stake Acknowledges risk Commerzbank could seek alternative merger UniCredit built the stake in late ...

UniCredit SpA expanded its equity stake in Commerzbank AG to about 26%, buttressing its role as the German rival’s biggest investor and prompting a fresh rebuke from the government in Berlin. The ...

UniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal. UniCredit has built a ...